Newbury Road, Worcester, WR2

Street Guide For Newbury Road, Worcester, WR2

 

Newbury Road, Worcester, WR2 Map

Estimated Price: £174,398
Average Asking Price: £279,112
Price change in last one year: £12,173
Average Price Paid: £204,166
Average Rent Rates: £704

 

Property Prices Breakdown in Newbury Road, Worcester, WR2

Average Price for property in Newbury Road, Worcester, WR2 is around £174,398 which varies based on type of property you are interested in and ranges from £276,471 for detached house to around £185,030 for semi-detached. Similarly terraced house is around £145,714 and a flat is worth £123,273. Values have been changing and have risen £1,190 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,896 in last 6 months, £12,173 in last 1 year, £19,302 in last 2 years, £20,938 in last 3 years, £19,956 in last 4 years and £17,902 in last 5 years.

Currently average asking price of a property in Newbury Road, Worcester, WR2 is around £279,112 based on approximately 0 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £704 per month.

Estimated property value in Newbury Road, Worcester, WR2 is £174,398. Average asking price is £279,112 while average price paid is £220,500 which is up by £20,938 and Avg. asking rent £704.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Newbury Road, Worcester, WR2 area. In last 3 years alone average price buyer paid is around £220,500 based on approximately 2 sales in Newbury Road, Worcester, WR2 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £204,166. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £204,166 for 3 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £230,000, £187,046 for a 2 bedroom house, £227,848 for a 3 bedroom house, £345,135 for a 4 bedroom house and £465,856 for a 5 bedroom house. For a flat similarly the prices varies from £90,725 for a single bedroom to £144,495 for a 2 bedroom Flat. To sum up the asking prices for properties in Newbury Road, Worcester, WR2 it comes to around average £118,580 for 1 bedroom property, £175,849 for 2 bedroom, £227,848 for 3 bedroom, £345,135 for 4 bedroom and £465,856 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £321 for 1 bedroom to £685 for 2 bedrooms, £884 for 3 bedrooms, £1,230 for 4 bedrooms and £497 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £487. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £635, £750 for 3 bedroom and £390 for 5 bedroom. You should be generally be expecting around average £369 rent per month for single bedroom property, £657 for 2 bedroom, £879 for 3 bedroom, £1,230 for 4 bedroom and approximately £488 for a 5 bedroom property in Newbury Road, Worcester, WR2 area.

Popular Houses in Newbury Road, Worcester, WR2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Newbury Road, Worcester, WR2